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Published on 4/9/2013 in the Prospect News Municipals Daily.

Florida Hurricane Catastrophe Fund plans $2 billion revenue bond sale

By Sheri Kasprzak

New York, April 9 - The Florida Hurricane Catastrophe Fund Finance Corp. is set to price $2 billion of series 2013A revenue bonds during the week of April 8, said a sales calendar.

The bonds (Aa3/AA-/AA) will be sold through Barclays.

Proceeds will be used to increase the corporation's cash on hand ahead of the 2013 hurricane season.


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